Financials Steel Exchange India Limited

Equities

STEELXIND

INE503B01021

Iron & Steel

Market Closed - Bombay S.E. 06:22:49 2024-04-30 am EDT 5-day change 1st Jan Change
14.09 INR -1.88% Intraday chart for Steel Exchange India Limited +0.28% +34.32%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 1,877 1,330 984 4,760 21,126 14,128
Enterprise Value (EV) 1 12,732 11,713 11,057 9,306 25,567 17,605
P/E ratio -1.1 x -3.63 x 1.53 x 3.43 x 18 x -19.4 x
Yield - - - - - -
Capitalization / Revenue 0.2 x 0.13 x 0.13 x 0.53 x 1.92 x 1.02 x
EV / Revenue 1.37 x 1.14 x 1.42 x 1.04 x 2.33 x 1.27 x
EV / EBITDA -198 x 55.5 x 13.5 x 8.02 x 24 x 18.2 x
EV / FCF -44.8 x 24.9 x 120 x 2.11 x -30.8 x 103 x
FCF Yield -2.23% 4.02% 0.83% 47.3% -3.25% 0.97%
Price to Book 1.46 x 1.46 x 0.63 x 1.67 x 4.3 x 2.73 x
Nbr of stocks (in thousands) 759,848 759,848 759,848 759,848 880,812 1,039,612
Reference price 2 2.470 1.750 1.295 6.265 23.98 13.59
Announcement Date 9/6/18 9/5/19 9/8/20 9/4/21 6/1/22 9/7/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 9,266 10,269 7,808 8,984 10,995 13,883
EBITDA 1 -64.39 211 816.8 1,161 1,065 966.5
EBIT 1 -354.4 -85.26 544.5 913.8 827.7 722.8
Operating Margin -3.82% -0.83% 6.97% 10.17% 7.53% 5.21%
Earnings before Tax (EBT) 1 -2,147 -171.7 391.7 1,426 144.8 -283.2
Net income 1 -1,701 -366.8 642.9 1,400 1,165 -588.5
Net margin -18.36% -3.57% 8.23% 15.58% 10.59% -4.24%
EPS 2 -2.239 -0.4827 0.8462 1.825 1.336 -0.6999
Free Cash Flow 1 -284.3 470.8 92.04 4,405 -830.7 170.7
FCF margin -3.07% 4.58% 1.18% 49.04% -7.56% 1.23%
FCF Conversion (EBITDA) - 223.2% 11.27% 379.52% - 17.66%
FCF Conversion (Net income) - - 14.32% 314.74% - -
Dividend per Share - - - - - -
Announcement Date 9/6/18 9/5/19 9/8/20 9/4/21 6/1/22 9/7/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 10,855 10,383 10,073 4,545 4,440 3,477
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) -168.6 x 49.22 x 12.33 x 3.916 x 4.169 x 3.598 x
Free Cash Flow 1 -284 471 92 4,405 -831 171
ROE (net income / shareholders' equity) -79.8% -33.4% 52.1% 61.1% 29.4% -11.7%
ROA (Net income/ Total Assets) -1.36% -0.36% 2.42% 4.81% 4.91% 4.02%
Assets 1 124,813 101,914 26,590 29,119 23,715 -14,651
Book Value Per Share 2 1.690 1.200 2.050 3.760 5.580 4.970
Cash Flow per Share 2 0.0200 0.0100 0.3400 0.0300 0.1600 0.1100
Capex 1 532 31.6 23.7 39.2 83 160
Capex / Sales 5.74% 0.31% 0.3% 0.44% 0.76% 1.15%
Announcement Date 9/6/18 9/5/19 9/8/20 9/4/21 6/1/22 9/7/23
1INR in Million2INR
Estimates
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